Payment of Customs Duty must be based on Actual Crude Oil Received into Shore Tank in Port in India: CESTAT rules in favour of Philips Carbon Black [Read Order]
In a recent ruling in favour of Philips Carbon Black Ltd, the Bangalore bench of the Customs, Excise & Service Tax Appellate Tribunal ( CESTAT )...
![Service Tax cannot be demanded against Tally Pvt Ltd on Sale of Goods where VAT already Paid: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/CESTAT-CESTAT-Bangalore-Customs-Service-Tax-Tally-Pvt-Ltd-on-Sale-of-Goods-VAT-TAXSCAN.jpg "Service Tax cannot be demanded against Tally Pvt Ltd on Sale of Goods where VAT already Paid: CESTAT [Read Order]")
![No Customs Duty on Manufacturing of Stainless Steel Coils under Advance Authorisation Scheme: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/No-Customs-Duty-Manufacturing-Stainless-Steel-Coils-Advance-Authorisation-Scheme-CESTAT-taxscan.jpg "No Customs Duty on Manufacturing of Stainless Steel Coils under Advance Authorisation Scheme: CESTAT [Read Order]")
FTA Benefit applicable on Import of Clear Float Glass from Malaysia: CESTAT allows BCD Exemption [Read Order]
In a ruling, the Chennai Bench of Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) has held that the Free Trade Area ( FTA ) benefit is applicable on the import of clear float glass (CFG)...
![FTA Benefit applicable on Import of Clear Float Glass from Malaysia: CESTAT allows BCD Exemption [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/CESTAT-CESTAT-Chennai-FTA-Free-Trade-Area-CFG-clear-float-glass-FTA-Benefit-BCD-Basic-Custom-Duty-TAXSCAN.jpg "FTA Benefit applicable on Import of Clear Float Glass from Malaysia: CESTAT allows BCD Exemption [Read Order]")
DGFT allows 'any Shipping Bills' in Place of Destruction Certificate for Un-utilized drugs, Simplifies Re-export Condition [Read Notification]
The Directorate General of Foreign Trade ( DGFT ) has amended the Para 4.49(g) under Chapter 4 of the Handbook of Procedures ( HBP ), 2023 for including all types of Shipping Bills' in Place of...
CBIC notifies Customs Duty Free Import of Commercial Samples Not Exceeding Total Value of Rs. 3L [Read Notification]
The Central Board of Indirect taxes and Customs ( CBIC ) has notified the duty free import of Commercial Samples not exceeding total value of Rs. 3 lakhs. The board, vide notification number...
Customs Duty payable by Owner with Interest on Confiscated Goods despite Payment of Redemption Fine: Supreme Court [Read Judgement]
The Supreme Court on Tuesday ( July 23 ) held that importers must pay customs duty along with fines and other charges even after confiscated goods are redeemed after payment of fine under Section 125...
![Customs Duty payable by Owner with Interest on Confiscated Goods despite Payment of Redemption Fine: Supreme Court [Read Judgement]](https://www.taxscan.in/wp-content/uploads/2024/07/Supreme-Court-Customs-Duty-Confiscated-Goods-Redemption-Fine-pay-customs-duty-with-fines-taxscan.jpg "Customs Duty payable by Owner with Interest on Confiscated Goods despite Payment of Redemption Fine: Supreme Court [Read Judgement]")
Budget 2024-25: FM Proposes to Expand Exempted Capital Goods list used Manufacture of Solar Cells and Panels [Read Bill]
The Union Finance Minister Nirmala Sitharaman presented the full - budget 2024 today before the parliament at 11 am. Energy transition is critical in the fight against climate change. To support...
